ARTICLES

25 Apr 2024

Thailand Needs Economic Reform, Not Economic Stimulus

Peter Warr

The Thai government wants to inject more economic stimulus to raise the growth rate. It should tackle productivity-raising long-term economic reform.

19 Mar 2024

Pheu Thai Versus Bank of Thailand: More Than a Question of Digital Wallets and Interest Rates

Napon Jatusripitak

A festering dispute between the Pheu Thai-led government and the Bank of Thailand has underscored a major question as to who sets the kingdom’s economic direction.

Finance Southeast Asia Thai Economy Thai Politics Thailand

Srettha Thavisin, Thailand's newly-elected 30th Prime Minister, attends Bangkok Post Forum 2023, themed 'Thailand: The Era of Change,' at Centara Grand at CentralWorld in Bangkok, Thailand on October 3, 2023. This forum serves as a platform to discuss the policy frameworks set by the new government, with a spotlight on economic recovery and holistic development across all sectors. (Photo by Matt Hunt / ANADOLU AGENCY / Anadolu Agency via AFP)

30 Oct 2023

Thailand’s Exposure to Northeast Asia’s Slowdowns

Richard Yarrow

World events have not been kind to Thailand’s economic plans. Besides high oil prices and U.S. interest rates, Thailand faces prolonged slowdowns in its Northeast Asian economic partners. The challenges and opportunities are many, and ultimately hinge on stable democratic leadership.

Thai Economy Thai Politics Thailand

A Pheu Thai Party campaign poster pledging a 10,000 Thai Baht handout should they win Thailand's upcoming general election is pictured in Bangkok on May 2, 2023. (Photo by Jack TAYLOR / AFP)

12 Oct 2023

Pheu Thai’s 10,000 Baht Gambit: A Political Promise That Spells Possible Economic Peril

Napon Jatusripitak

The Pheu Thai Party’s plan to provide 10,000 baht gift to Thai adults serves a dual purpose: stimulating the economy and reconsolidating its political position. However, it remains uncertain whether it will achieve success in either of these goals.

Thai Economy Thai Elections Thai Politics Thailand

3 Mar 2023

Perils and Promise Beneath Global Enthusiasm for Thai Baht

Richard Yarrow

There has been a certain buzz around the Thai baht. But the attention could be short lived if the government fails to navigate deeper structural problems.

Thai Economy Thailand

4 Aug 2022

Bangkok’s Flawed Plan to Allow Foreign Land Ownership

Prem Singh Gill|Ratana Boy

Bangkok’s recent proposal to allow foreigners to buy land in Thailand is poorly thought out and will not be the panacea for the Thai economy that the government envisages.

investment Thai Economy Thai Politics Thailand

12 Jul 2022

Booster Shot? Pao Tang Digital Payment and Thailand’s Domestic Consumption

Kanpunnarin Amphunan|Kevin Zhang|Fanzura Banu

Digital payment apps, while facilitating ease of consumption, do not tackle the fundamental issue: limited disposable income of Thais, particularly among those in lower-income groups.

COVID-19 Digitalisation Monetary Policy Thai Economy Thailand

27 Jun 2022

Thailand’s Digital Divide: Leave No One Behind

Alexandra Dalferro

Thailand has a developed Internet and digital infrastructure which has helped many Thais tide through the privations of Covid-19. But more can be done to extend such services to more Thais, particularly those from lower socio-economic backgrounds.

Digitalisation Infrastructure Thai Economy Thailand

8 Jun 2022

Fresh From Latest Win, Thai PM Will Still Run The Gauntlet

Termsak Chalermpalanupap

Thai premier Prayut Chan-ocha has steered through the successful passing of a budget bill. But he has other political minefields to cross before his term in office ends in March 2023.

Thai Economy Thai Politics Thailand

30 Mar 2022

Hale and Hearty Plans for Thailand’s Andaman Coast

Michael J. Montesano

Thailand's ambitious plans for a wellness corridor along its Andaman Coast underscores the coming together of different players for the development of the country's regions.

Economic Development Thai Economy Thailand Tourism